Industries

China and Cambodia sign ‘$1billion rubber & tire projects’ agreement

Cambodian and Chinese officials have signed an MoU concerning plans to invest $1 billion (€910 million) in joint rubber & tire projects, Cambodia Development Council (CDC) has announced. ...

Khmer Times Staff
https://www.khmertimeskh.com/501423710/china-and-cambodia-sign-1billion-rubber-tire-projects-agreement/

Swiss commit to hospitality training plans

Cambodia and Switzerland have discussed increasing the provision of vocational training for the tourism industry. Through the wider implementation of the Skills Development Programme Phase II 2024-2028, they aim to bring the quality of services in line with national and ASEAN standards, ensuring that the ...

Sok Raksa
https://www.phnompenhpost.com/national/swiss-commit-to-hospitality-training-plans

Tour guides, interpreters told to strengthen services

The Ministry of Tourism has instructed all tour guides and interpreters to continue strengthening professional practices to improve the quality of reliable and friendly services for tourists. ...

Torn Vibol
https://www.khmertimeskh.com/501420447/tour-guides-interpreters-told-to-strengthen-services/

Cart Tire revving up to raise capital investment to $700M

A Chinese car tyre manufacturer is planning to increase its investment in Cambodia by raising its capital to approximately $700 million, in a move aimed at enhancing production capacity and expanding exports to additional international markets. ...

Hin Pisei
https://www.phnompenhpost.com/business/cart-tire-revving-up-to-raise-capital-investment-to-700m

Footwear exports dip; sector shows signs of recovery

Cambodia netted over $1.2 billion from exporting footwear, gaiters and related articles in the first 11 months of 2023, marking a nearly 23% decrease year-on-year. However, the last few months of 2023 showed signs of gradual improvement, as reported by the General Department of Customs ...

Hin Pisei
https://www.phnompenhpost.com/business/footwear-exports-dip-sector-shows-signs-of-recovery

General Science announces $255 million expansion plan in Cambodia

The 18-month project will add capacity for 3.5 million units of semi-steel radial passenger car tires and 750,000 all-steel truck bus tires per year at the plant, inaugurated in April last year. ...

Khmer Times Staff
https://www.khmertimeskh.com/501418887/general-science-announces-255-million-expansion-plan-in-cambodia/

Siem Reap tourism vendor loans to be more accessible in 2024

The Small and Medium Enterprise Bank of Cambodia Plc. (SME Bank), loan terms for tourism vendors in Siem Reap Province will be loosened from the beginning of 2024 to encourage more uptake of funds exclusively by Siem Reap-based entities to bolster the sector’s return to ...

James Whitehead
https://www.khmertimeskh.com/501418092/siem-reap-tourism-vendor-loans-to-be-more-accessible-in-2024/

Cambodia and India emerge as Vietnam’s fastest growing tourism markets

India is now Vietnam’s fastest growing tourism market with the number of visitors last year from that country increasing by 231% from 2019, the year before Covid broke out. ...

Khmer Times Staff
https://www.khmertimeskh.com/501417727/cambodia-and-india-emerge-as-vietnams-fastest-growing-tourism-markets/

Kampong Thom governor leads tree planting, green initiative

Kampong Thom provincial governor Nguon Ratanak recently led the planting of over 60 young tree saplings in Stung Sen garden, situated along the namesake river. The new trees are expected to beautify the provincial town and attract more domestic and international visitors. ...

Chea Sokny
https://www.phnompenhpost.com/national/k-thom-governor-leads-tree-planting-green-initiative

CATA urges SME Bank to support cruise boat businesses

Small and Medium Enterprise Bank of Cambodia Plc (SME Bank), which is currently reviewing its $50 million budget support for pandemic-hit tourism players in Siem Reap province was asked to consider providing loans to cruise boat businesses along the Tonle Sap River. ...

Nheng Chamrong
https://www.khmertimeskh.com/501416844/cata-urges-sme-bank-to-support-cruise-boat-businesses/

CAC eyes funding for cashew shell biofuel production

Six Chinese companies have expressed interest in establishing cashew processing plants in Cambodia, with one specialising in producing Cashew Nut Shell Liquid (CNSL), according to the Cashew Nut Association of Cambodia (CAC). ...

Van Socheata
https://www.phnompenhpost.com/national/cac-eyes-funding-for-cashew-shell-biofuel-production

New monthly minimum wage for Cambodia’s garment industry in 2024 takes effect

A new monthly minimum wage for workers in Cambodia’s garment, textile, footwear, and travel products industry for 2024 has come into force, Prime Minister Hun Manet said on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501417170/new-monthly-minimum-wage-for-cambodias-garment-industry-in-2024-takes-effect/

Nearly 84,000 vehicles travel on Chinese-invested expressway in Cambodia during New Year holiday

Some 83,900 vehicles have traveled on the Phnom Penh-Sihanoukville Expressway during the New Year holiday, starting from Saturday to Monday, a senior Cambodian official said on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501417172/nearly-84000-vehicles-travel-on-chinese-invested-expressway-in-cambodia-during-new-year-holiday/

New minimum wage in effect, up $4 per month

With the arrival of a new calendar year, workers in textile, garment, footwear, and travel goods factories are set to enjoy a new minimum monthly salary of $204. The new figure is $4 higher than the 2023 wage. ...

Van Socheata
https://www.phnompenhpost.com/national/new-minimum-wage-in-effect-up-4-per-month

Ministry offers public Wi-Fi to boosts tourism

The Ministry of Post and Telecommunications has opened Wi-Fi to the public at Ochheuteal and Otres beaches in Preah Sihanouk province to provide free internet service for both locals and foreign guests, aiming to enhance the tourism sector. ...

Samban Chandara
https://www.phnompenhpost.com/national/ministry-offers-public-wi-fi-to-boosts-tourism

Kampot top among provinces with more visitors during NYE

Nearly 400,000 revellers thronged Kampot province, making it the most favourite spot in the country for the New Year celebrations. ...

Nop Sreymao
https://www.khmertimeskh.com/501416553/kampot-top-among-provinces-with-more-visitors-during-nye/

Angkor 2023 ticket sales to foreign visitors rake in over $37M

Cambodia earned $37.19 million from Angkor Archaeological Park ticket sales last year, which is a 222-percent increase compared to the year before, the state-owned Angkor Enterprise report showed on Monday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501416458/angkor-2023-ticket-sales-to-foreign-visitors-rake-in-over-37m/

Close to 800,000 foreign tourists converged on Angkor in 2023

Cambodia’s famed Angkor Archeological Park received 798,069 international visitors in 2023, up 177 percent from 287,454 in the previous year, said a news release on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501416584/close-to-800000-foreign-tourists-converged-on-angkor-in-2023/

Cambodia’s garment, footwear, travel goods exports down 15 pct in 11 months

Cambodia exported $9.9 billion worth of garment, footwear and travel products to international markets in the first 11 months of 2023, down 15 percent from nearly 11.7 billion dollars in the same period last year, said a Ministry of Commerce’s report released on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501413720/cambodias-garment-footwear-travel-goods-exports-down-15-pct-in-11-months/

Cambodia receives nearly half million Chinese tourists in 11 months

Cambodia attracted 498,250 Chinese visitors during the first 11 months of 2023, said a report from the Ministry of Tourism released on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501412959/cambodia-receives-nearly-half-million-chinese-tourists-in-11-months/

Cambodia’s garments and agricultural products continue to drive export growth

Cambodia’s export sector has demonstrated resilience, with a slight increase of 1.2 percent in exports during the first 11 months of 2023. According to a report released by the General Department of Customs and Excise, the country exported goods worth $20.5 billion, compared to $20.24 ...

Khmer Times Staff
https://www.khmertimeskh.com/501406845/cambodias-garments-and-agricultural-products-continue-to-drive-export-growth/

Six million people celebrate waater festival

Tob Sopheak, Ministry of Tourism (MoT) spokesperson, said on Wednesday that the three-day Water Festival attracted about six million revelers, including 73,000 foreigners. ...

Chhorn Raksmey
https://kiripost.com/stories/six-million-people-celebrate-water-festival

Battambang’s Culinary Traditions Gain UNESCO Recognition

Despite not having any Michelin-starred restaurants or fine-dining spaces, Battambang is known for its culinary traditions and reputation for producing the country’s most delicious food. ...

Khmer Times Staff
https://www.khmertimeskh.com/501398815/battambangs-culinary-traditions-gain-unesco-recognition/

‘Number of tourists to Siem Reap on the rise’

Some 304,000 local and foreign visitors made their way to Siem Reap for the Water Festival, representing a 10% increase from 2019. ...

Hang Punreay
https://www.khmertimeskh.com/501399382/number-of-tourists-to-siem-reap-on-the-rise/

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